What does iwoca stand for?
iwoca stands for instant working capital and they certainly don't disappoint. The iwoca lending system has been designed with speed in mind, offering working capital loans which can be applied for in minutes and transferred within hours.
Who owns iwoca UK?
It has stated that its mission is to fund one million small businesses.
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iwoca.
Type of site |
Financial services |
Owner |
Privately Held |
Created by |
Christoph Rieche James Dear |
URL |
iwoca.co.uk |
Registration |
Required |
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How does iwoca make money?
The small business loans platform posted its maiden profit since it was founded in 2012. Iwoca almost doubled its loans last year, leading to its first annual profit since the small business platform was founded eight years ago.
How many customers does iwoca have?
We've now issued ยฃ1 billion in funding. Since launching in 2012, we've funded more than 30,000 customers and made finance available for over 50,000 businesses of all shapes and sizes.